Home owners are sometimes reluctant to invest money when putting their home on the market. Sooner or later, they’ll be moving out anyway and extensive renovations often only increase home value by a fraction of the project’s costs.
So why bother?
It’s simple: doing nothing could cost you far more in the long run than the small amount you’ll spend doing simple home-improvement and prep projects. It could mean the difference between multiple offers that increase the selling price, and a home that stagnates on the market while you continue to pay mortgage and utility costs.
To maximize your selling and renovation budget, pay attention to features that will make your home more attractive to today’s potential buyers:
- Add new “jewelry” to important rooms. Bathrooms and kitchens are the most expensive rooms to remodel, but a full-scale renovation isn’t always necessary to show a home in its best light. Less expensive updates, like replacing cabinet hardware, faucets, or lighting or adding a fresh coat of neutral paint, go a long way toward creating spaces that feel modern and clean.
- Add flow. The majority of today’s homebuyers prefer open floor plans, a feature that’s especially hard to come by in older homes. Before putting your home on the market, reduce the amount of furniture in your house — put it in the garage, off-site storage, take it to a friend’s house, move it to another room — to create an open flow between rooms and the feel of more open space in the home.
- Add light. Ample daylight is highly desirable among most home buyers. Remove heavy curtains or draperies, trim shrubbery or trees that may be blocking light, and move furniture away from windows to let the sunlight in.
- Update technology and energy efficiency features. Today’s buyers are growing to expect app-driven technology and energy efficiency in their homes. Adding features like a smart thermostat, USB charging ports, LED lights, ceiling fans, or security systems that can be operated from a smart phone are small investments that may give you an edge as a seller.
- Create a home office. Telecommuting is still on the rise, especially in suburban Houston, TX communities like, Katy, Sugar Land, and Cypress, making a dedicated home office space essential for many buyers. Consider turning a fourth bedroom into an office or use a small desk, lamp, and a chair to create the feeling of a separate space in a larger room.
- Use professional photos. According to the National Association of Realtors, more than 90% of all home buyers begin their home search on the Internet. A fantastic online photo presentation is essential to bringing those buyers to your front door. Photos should be plentiful, well-lit, and ideally, shot by a professional real estate photographer with a wide angle lens. And for heavens sake, DECLUTTER AND CLEAN UP BEFORE THE PHOTOGRAPHER GETS THERE! I dare you to go online right now and see how many listing photos you can find with piles of toys, fast food bags scattered on kitchen counters, and toiletries strewn across bathroom sinks and showers. There’s nothing worse than multiple photos of badly staged rooms, and sellers who do this are LEAVING MONEY ON THE TABLE.
- Stage it. Don’t underestimate the influence of HGTV and Pinterest with your potential buyers. Home decor-related websites and tv shows permeate the market, and today’s home buyers want the current trends. Sometimes even small changes, like adding a few modern accessories, can help your home appear more contemporary and up-to-date. Getting feedback from a professionally certified home stager can reap huge benefits in terms of learning the best (and worst) ROI updates and additions you can make to your particular home.
Do you have suggestions for budget-friendly renovations for home sellers? Comment below! If you need some help getting started, give Three Bears Home Staging a call at (832) 377-0785 to schedule a Walk & Talk Consultation . We can give you feedback that will put you on the right track for a faster sale and a higher profit!
Title photo credit: “Holding phone with iPhone app on screen” by www.yourbestdigs.com is licensed under CC BY 2.0
Your master bedroom should be a relaxing, romantic respite from the chaos of the world around you. Whether you’re staging your home for sale or just trying to create a more inspiring vibe in your current space, a few simple changes this Valentine’s Day can add romance and calm to your bedroom sanctuary:
- Tidy up. Lots of clutter lying around can be a a source of white-noise type anxiety for some people because it’s a constant reminder of chores that need to be done. Remove the piles of laundry, stacks of books and papers, and other “stuff” piled on nightstands and dressers to create a calmer, more peaceful space.
- Make it plush. Think upscale hotel bedding–lots of pillows, cozy blankets, and extra soft sheets.
- Freshen up. Are there weird smells in your bedroom? No? Are you positive? Most of us become “noseblind” to the scents in our own home. Textiles can hold a lot of odors so launder draperies and bedding. Sprinkle carpets with baking soda, wait 30 minutes, then vacuum to remove even more odor. Houseplants are another great way to continually clean the air. Open windows to air out the space. Once you’ve thoroughly cleaned, light a scented candle for a little fragrance and ambiance.
- Examine your lighting. Soft white bulbs are ideal for bedrooms — avoid “daylight” bulbs or fluorescent overhead lighting when possible. Subtle, ambient lighting, like a table lamp, is even better.
And of course…fresh flowers and a little chocolate are always a nice touch!
How to you make your master bedroom a more beautiful, relaxing space? Share with us! And if you’re thinking of selling your Katy, TX home soon, give us a call. Our Walk and Talk Consultations provide home sellers with immediate feedback on how to get top dollar and a quick sale.
Photo credit: Tobias Wutzow via CreativeCommons.org
Paint color sets the tone for your home. The right color brings everything together in harmony. The wrong color can feel overwhelming and chaotic. You can avoid an expensive decorating mistake by using these tricks of the trade to pick the paint color that’s right for you.
- Compare your choice with the bottom of the strip. The true color is at the base. This color is the most saturated and allows you to see the true undertone much more easily (e.g., “Oh wow, the bottom color is surprisingly reddish…so that beige I liked at the top of the strip might look kind of pink on the wall!”)
- Know how light will affect the feel of the space. Evaluate how the light in YOUR space will affect the color. In other words, do NOT choose paint based solely on a color you selected at the paint store/online or because it worked in another house or even in another room!
- Natural daylight will reflect the truest hues. Southern light is warmer and brighter, while Northern light is cooler and dimmer.
- Incandescent lighting will bring out the warmer, yellower tones in color.
- Fluorescent bulbs, though energy-efficient, cast a diffuse, shadowless light that gives a blue tinge to the colors in the room. Warm wall colors (yellow, gold, orange, wheat tones) lose their warmth in older-style fluorescent light. Newer fluorescent bulbs, called triphosphor fluorescent lamps, are warmer and render color that more closely resembles sunlight.
- Consider the flow between other rooms. Color should bring the space together with a natural flow. This is especially true in open floor plans, which are typically better suited to one main color throughout the home with some well-placed accent colors in a few places.
Hint: One safe and effective way to add some dimension is to select tints or shades from the same color strip.
- Try a sample. Once you’ve narrowed it down, purchase a sample from your favorite paint store and paint a few large pieces of poster board. Hang your paint samples on different walls for a few days and note how the light changes and how it plays with your other accessories. *I provide free 8″ x 10″ color samples to my color consultation clients.
Still need a little help? Three Bears Home Staging and Redesign offers affordable color consultations that can help you choose the paint that’s right for you! We also have great color palettes that work for home staging! Call us at (832) 377-0785 to transform your home into a color palette you love!